Member Posts > Power Metallic Mines Emerges as a Polymetallic Leader with $50M Expansion Plan
Power Nickel Inc. is now Power Metallic Mines Inc., marking a major rebrand to reflect its growing polymetallic discoveries at the Nisk Project in Quebec. This shift, effective February 21, 2025, aligns with the company's commitment to expanding its resource base beyond nickel.
High-Grade Discoveries Drive Change
Drilling in the Lion Zone has identified significant copper, platinum, and palladium deposits, making Nisk a critical player in next-generation clean energy metals.
"Our discoveries have transformed us into more than a nickel company," said CEO Terry Lynch.
$50M Private Placement to Fuel Growth
To accelerate exploration and resource development, Power Metallic Mines has raised its private placement to $50 million, positioning itself for long-term success in critical minerals and EV technology.
New website launching February 21, 2025: www.PowerMetallic.com
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